"Our senior management has concluded that Forterus' stock is severely
undervalued, and does not reflect the financial success of the company,
including its exceptionally strong profits from the past two months," said
"We therefore believe that a small portion of our working capital should be used to complete this proposed redemption program, since the market has not reflected our financial achievements."
Forterus acquired
A Better Tomorrow is accredited by the Commission on Accreditation of
Rehabilitation Facilities (CARF), placing it in the top 5 percent of drug and
alcohol treatment centers in
Forterus Inc. and its subsidiaries engage in diverse business activities, including behavioral healthcare, intervention services, drug and alcohol rehabilitation, pain management, physical therapy, finance as well as thoroughbred breeding and racing. For more information about Forterus and A Better Tomorrow, please visit their respective websites at http://www.forterus.com and http://www.abttc.com.
Application of the Safe Harbor of the Private Securities Litigation Reform Act of 1995: This press release contains, and Forterus may from time to time make, written or oral 'forward-looking statements' within the meaning of the U.S. federal securities laws, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of uncertainties and other factors, many of which are outside Forterus's and/or its subsidiaries control that could cause actual results to differ materially from such statements. In particular, statements using words such as 'may,' 'should,' 'estimate,' 'expect,' 'anticipate,' 'intend,' 'believe,' 'predict,' 'potential,' or words of similar import generally involve forward-looking statements.
Paul Howarth (888) 257-8345 ir@forterus.com
SOURCE Forterus Inc.